Published 11-21-19
Issued by ascena retail group inc.
ascena retail group, inc. (Nasdaq: ASNA) released its 2019 Responsibility Progress Report (the “Report”), which provides a summary of progress on the company’s commitment to drive impact in support of women, girls and the causes they care about globally.
November 21, 2019 - ascena retail group, inc. (Nasdaq: ASNA) released its 2019 Responsibility Progress Report (the “Report”), which provides a summary of progress on the company’s commitment to drive impact in support of women, girls and the causes they care about globally. The national specialty retailer known for apparel, shoes, and accessories for women and girls announced last year a goal of raising and contributing $250 million by 2025 in support of women and girls globally. The Report highlights a record-breaking year for its philanthropic efforts, achieving gender parity on its Board of Directors, enhanced transparency in its supply chain, and ambitions to set carbon reduction and more sustainable packaging goals in the coming year.
“I am proud of the progress we have made since announcing our responsibility strategy - Her, at the Heart of Us. Helping women and girls thrive is at the heart of our corporate vision and I am committed to this journey,” said Gary Muto, Chief Executive Officer of ascena retail group, inc.
Highlights include:
Philanthropy: Working together with customers and partners to achieve record charitable giving results
Diversity & Inclusion: a strategic business imperative that is building strength in leadership
Supply Chain: increased transparency and enhanced environmental focus
Future Ambitions: a bold outlook
Recognition of the Her, At the Heart of Us Mission
Maintaining ascena’s “Her, at the Heart of Us” mission, the company took several steps to highlight the importance of women across the enterprise, including reporting its achievement of gender parity on the board, being named to one of the 2019 Best Employers for Diversity and 2019 Best Employers for Women.
The Report further goes on to share progress against goals, discloses new workforce data, and announces work ascena retail group is doing to reduce hazardous chemicals and set environmental impact reduction goals in the supply chain to reduce the footprint and mitigate climate change risks to local communities. The company continues to measure progress in line with the UN Sustainable Development Goals (UN SDGs) and, for the first time, reported in reference to the Global Reporting Initiative (GRI) Standards, highlighting the role responsibility will play within the organization for the coming years.
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About ascena retail group, inc.
ascena retail group, inc. (Nasdaq: ASNA) is a national specialty retailer offering apparel, shoes, and accessories for women under the Premium Fashion (Ann Taylor, LOFT, and Lou & Grey), Plus Fashion (Lane Bryant, Catherines and Cacique), and Value Fashion (Dressbarn) segments, and for tween girls under the Kids Fashion segment (Justice). ascena retail group, inc. through its retail brands operates ecommerce websites and approximately 3,400 stores throughout the United States, Canada, and Puerto Rico.
For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, lanebryant.com, Catherines.com, dressbarn.com, and shopjustice.com.
Media Contacts:
Shawn Buchanan
ascena Corporate Communications
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